Konecranes CEO to Leave the Company

President and CEO Pekka Lundmark has decided to leave Konecranes to pursue his career outside the company. The board of directors of Konecranes Plc will immediately start the search for a new president and CEO. Lundmark will leave the company in early September 2015 after the release of the January-June interim report and thereto related activities are completed. Until then, he continues as the president and CEO.

Stig Gustavson, chairman of the board, said: “We were naturally saddened on learning about Pekka Lundmark´s new career moves and his decision to leave us. We also want to express our understanding for Lundmark’s wish for new challenges. He has led our group through both calm and stormy waters, with great success. Lundmark’s 10 years at the helm of Konecranes will be a brightly shining part of his CV. We have a totally competent team of top managers, fully committed to pursuing all group strategies.”

‘Leaving Konecranes was not an easy decision since I truly love this company’—Pekka Lundmark

Lundmark said: “Leaving Konecranes was not an easy decision since I truly love this company. I believe we are well positioned to take advantage of the world mega-trends such as digitalization and resource scarcity. We also have a very capable management team and personnel that can execute on our strategy. However, 10 years is a long time for a CEO and for this reason I feel this is a good time to move on with my career.”